Cheslind Textiles reported net loss of Rs 3.32 crore in the quarter ended March 2012 as against net profit of Rs 3.95 crore during the previous quarter ended March 2011. Sales declined 8.67% to Rs 47.60 crore in the quarter ended March 2012 as against Rs 52.12 crore during the previous quarter ended March 2011.

For the unaudited full year, net loss reported to Rs 31.68 crore in the year ended March 2012 as against net profit of Rs 11.73 crore during the previous year ended March 2011. Sales declined 18.01% to Rs 151.89 crore in the year ended March 2012 as against Rs 185.26 crore during the previous year ended March 2011.